Isipho Capital Holdings acquires 100% shares in Kholeka Engineering

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Johannesburg 3 March 2015 – Isipho Capital Holdings (Pty) Ltd (“Isipho”) announced the acquisition of 100% shares in Kholeka Engineering (Pty) Ltd (“Kholeka”), a local company specializing in manufacture of truck bodies, trailers, people carriers, water tankers, etc from the MacDonald Group. This transaction is a significant one as it positions Isipho in the manufacturing sector which has a huge potential in terms of job creation and true value add.

It is also a significant transaction in that Isipho want to use this as the platform to grow through organic and acquisition in the manufacturing and in the automotive sector in particular.